Shareholders who received their equity directly from the Company before the January 2021 round of finance may be eligible to claim the Qualified Small Business Stock (QSBS) exemption, meaning the first $10M of gains could be tax-free.
Moreover, our preliminary analysis of EquipmentShare suggests it has many of the elements which constitute a Qualified Small Business (QSB).
If you obtained shares in EquipmentShare prior to January 2021, please fill out the below form to learn more about the favorable tax treatment and the role QSBS Expert can play in facilitating the ongoing eligibility necessary for this lucrative capital gains exemption.
This article does not constitute legal or tax advice. Please consult with your legal or tax advisor with respect to your particular circumstance.